What SEBI said about GST on services to FPI?
The securities and commodities market regulator of the country, the Securities and Exchange Board of India (SEBI) has now clarified the provision of GST on services provided to Foreign Portfolio Investors ( FPIs). In a big move, SEBI informed all stakeholders that from July 18th 2022 onwards, all services received by FPIs and fees related to those services would be taxable under Goods And Service…